DATASONIC GROUP BERHAD
Observation from Chart:-
DSONIC (5216) forming descending triangle pattern?
Will it retrace down retest RM1.01 level ?
Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate support @ RM1.12 level.
Subsequent support @ RM1.01 level. (Base line of descending triangle)
Immediate resistance @ descending triangle line.
If able breakout, subsequent resistance @ RM1.40 level.
Let's watch closely.
Observation from Chart:-
DSONIC (5216) forming descending triangle pattern?
Will it retrace down retest RM1.01 level ?
Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate support @ RM1.12 level.
Subsequent support @ RM1.01 level. (Base line of descending triangle)
Immediate resistance @ descending triangle line.
If able breakout, subsequent resistance @ RM1.40 level.
Let's watch closely.